Fostering a true utility ecosystem
Redgrid is harnessing and connecting the most efficient and relevant of distributed software technologies to enable the smart grid of the near future. We are creating the ‘internet of energy’.
RedGrid is building these capabilities for the energy ecosystem, to help businesses optimise networks, develop new business models and open existing value streams to new technologies. By harnessing these technologies, utilities can create added value for themselves and their customers.
Harnessing the power of the Tility protocol
RedGrid harnesses the power of the Tility protocol to deliver customised solutions for utility providers and offer new opportunities for innovation.
Tility is a distributed software protocol that enhances existing digital utility networks, while creating gateways between them. By building these bridges, Tility creates new opportunities for collaboration between users and businesses that were not possible before, all while increasing the efficiency of retailers’ existing private networks.
By harnessing the capabilities of the Tility protocol, RedGrid helps utilities explore new business models, and address how distributed solutions can be used to generate new revenue streams and new ways to serve customers.
Optimising Utility Networks
RedGrid deploys DLT capabilities, and customises to specific utilities and their requirements. We optimise existing retailer networks with a dual-layer protocol that increases the efficiency of resource tracking, accounting and distribution.
RedGrid uses the Tility protocol layer to create liquidity across utility markets, opening cross-sector gateways for value exchange and collaboration between sectors that were previously not possible.